| 单词 | prime rate |
| 释义 | prime rate prime rate The rate of interest at which US banks lend money to first-class borrowers. It is similar in operation to the base rate in the UK. Competitive markets have forced many banks, both in the USA and the UK, to offer business customers credit at below prime rates. The main difference between US and UK practice is that the US prime rate is approximately equal to the dollar three-month London Inter Bank Offered Rate(LIBOR) plus 1%, whereas the UK base rate is approximately equivalent to the sterling three-month LIBOR. |
| 随便看 |
|
英汉经管词典收录了6519条经济管理类英汉双解词条，基本涵盖了经济学、管理学、金融学、会计学、证券期货、商务活动等领域的常用英语单词及短语词组的翻译及用法，是学习及工作的有利工具。